SMHB vs. SPDV ETF Comparison

Comparison of ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB) to AAM S&P 500 High Dividend Value ETF (SPDV)

SMHB

ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

SMHB Description

The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$6.33

Average Daily Volume

53,471

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPDV

AAM S&P 500 High Dividend Value ETF

SPDV Description

The investment seeks to track the total return performance, before fees and expenses, of the S&P 500 Dividend and Free Cash Flow Yield Index. The index is a rules-based, equal-weighted index that is designed to provide exposure to the constituents of the S&P 500® Index that exhibit both high dividend yield and sustainable dividend distribution characteristics, while maintaining diversified sector exposure. At least 80% of the fund?s net assets, plus borrowings for investment purposes, will be invested in equity securities that (i) are included in the S&P 500 Index and (ii) have had a positive indicated annual dividend yield within the past year.

Grade (RS Rating)

Last Trade

$31.90

Average Daily Volume

4,094

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SMHB	SPDV
30 Days	12.71%	7.10%
60 Days	10.16%	5.83%
90 Days	6.71%	9.61%
12 Months	10.50%	13.67%

0 Overlapping Holdings

	Symbol	Grade	Weight in SMHB	Weight in SPDV	Overlap

SMHB Overweight 91 Positions Relative to SPDV

Symbol	Grade	Weight
SLG	B	4.87%
XRX	F	4.09%
DTM	A	3.81%
BXMT	D	3.43%
DSS	F	2.87%
TWO	C	2.87%
CIM	C	2.62%
ETRN	D	2.49%
BDN	B	2.41%
BGS	D	2.41%
SBRA	C	2.38%
EPR	B	2.34%
ABR	D	2.21%
APAM	B	2.02%
PAGP	C	1.88%
UNIT	D	1.86%
UWMC	B	1.84%
ARR	C	1.65%
NHI	B	1.64%
ORC	D	1.51%
CCOI	C	1.51%
PSEC	D	1.47%
IVR	C	1.43%
DEA	B	1.35%
PMT	C	1.35%
MFA	C	1.27%
RWT	C	1.24%
CTRE	A	1.16%
PETS	F	1.13%
MAIN	B	1.09%
HTGC	A	1.03%
ARI	B	1.02%
GNL	C	1.01%
FCPT	B	1.0%
EFC	C	1.0%
PDM	B	0.99%
GSBD	D	0.94%
NEWT	C	0.94%
NYMT	D	0.93%
LTC	C	0.91%
DX	C	0.89%
KREF	C	0.8%
VGR	B	0.79%
NWBI	B	0.77%
GBDC	D	0.73%
CODI	B	0.72%
VNOM	A	0.65%
SCS	B	0.65%
RC	C	0.65%
ACRE	D	0.64%
LADR	C	0.62%
TSLX	D	0.62%
HESM	C	0.59%
UVV	C	0.54%
OCSL	F	0.54%
AROC	C	0.53%
GMRE	C	0.5%
ILPT	B	0.49%
BRSP	D	0.49%
WSR	C	0.46%
ALX	A	0.45%
GTY	C	0.44%
OPI	D	0.4%
RMR	B	0.38%
NMFC	B	0.38%
UHT	B	0.36%
GPMT	F	0.34%
CSWC	D	0.34%
GOOD	B	0.33%
FSP	D	0.29%
TRTX	C	0.29%
TCPC	D	0.27%
AHH	B	0.27%
CGBD	D	0.25%
BCSF	B	0.24%
TPVG	D	0.23%
PFLT	D	0.23%
SLRC	D	0.23%
UVE	C	0.22%
BBDC	B	0.22%
KRO	D	0.2%
EBF	B	0.18%
GAIN	C	0.17%
PNNT	D	0.16%
OLP	B	0.16%
FDUS	C	0.16%
GLAD	B	0.15%
BFS	B	0.14%
TRIN	A	0.12%
CCAP	B	0.1%
REPX	C	0.07%

SMHB Underweight 52 Positions Relative to SPDV

Symbol	Grade	Weight
MMM	A	-2.34%
PEG	B	-2.33%
CFG	B	-2.29%
EBAY	A	-2.28%
IP	B	-2.28%
MO	C	-2.23%
KMI	B	-2.23%
HPE	D	-2.2%
HPQ	C	-2.19%
VLO	C	-2.15%
CMI	B	-2.14%
BBY	C	-2.13%
KMB	D	-2.13%
OKE	B	-2.11%
TFC	A	-2.1%
HBAN	B	-2.06%
T	B	-2.05%
ATO	A	-2.01%
KEY	B	-1.99%
ABBV	A	-1.98%
IBM	B	-1.97%
AMCR	A	-1.95%
DOC	B	-1.94%
USB	C	-1.9%
PSX	C	-1.9%
TPR	D	-1.89%
WEC	A	-1.88%
SPG	B	-1.88%
CHRW	C	-1.87%
SWKS	C	-1.87%
OMC	A	-1.87%
LYB	B	-1.85%
CTRA	F	-1.84%
KIM	B	-1.83%
F	D	-1.81%
VTRS	C	-1.79%
CAG	B	-1.79%
DOW	D	-1.78%
VZ	B	-1.73%
GILD	C	-1.72%
BXP	B	-1.72%
SWK	B	-1.72%
CF	D	-1.71%
IPG	C	-1.68%
CSCO	C	-1.64%
BMY	C	-1.61%
KHC	C	-1.61%
HST	F	-1.58%
TAP	D	-1.58%
CMCSA	C	-1.56%
BBWI	F	-1.44%
CVS	D	-1.41%

SMHB: Top Represented Industries & Keywords

Industries: Asset Management REIT - Diversified REIT - Office REIT - Healthcare Facilities REIT - Retail Oil & Gas Midstream REIT - Residential Credit Services Business Equipment REIT - Industrial Specialty Finance Tobacco Business Services Conglomerates Information Technology Services Insurance - Property & Casualty Oil & Gas E&P Oil & Gas Equipment & Services Packaged Foods Pharmaceutical Retailers